The highly anticipated game, Hamster Kombat, is offering an exciting airdrop of its $HMSTR token, and participants are required to make an off-chain deposit to take part. An off-chain deposit is a transfer of assets that occurs outside the traditional blockchain network, providing faster and cheaper transactions. This guide explains how to make an off-chain deposit for the Hamster Kombat airdrop using the Bybit exchange.
To begin, it’s essential to understand what an off-chain deposit entails. Unlike on-chain transactions, off-chain deposits bypass the blockchain network, resulting in quicker and more cost-effective transfers. For events like the Hamster Kombat airdrop, off-chain deposits are crucial as they enable participants to secure tokens rapidly without the delays and high costs associated with on-chain transactions.
To make an off-chain deposit on Bybit, log in to your account and navigate to the “Assets” tab. From there, click on “Overview” and select “Deposit” to access the cryptocurrency deposit section. Choose $HMSTR as the coin and ensure you’re using the TON (The Open Network) network for your deposit. Bybit will generate a unique deposit address and memo/tag for your transaction, which you should copy carefully.
Next, open the Hamster Kombat game and input your Bybit UID, deposit address, and memo/tag. This step finalizes your off-chain deposit, securing your participation in the airdrop. Upon completion, a green checkmark will appear next to the Bybit Exchange, and the status section will confirm that the request has been sent.
When making off-chain deposits, it’s vital to check network compatibility, monitor your transaction, and double-check details to avoid errors. Bybit offers a secure and user-friendly platform for making off-chain deposits, ideal for events like the Hamster Kombat airdrop.
The benefits of off-chain deposits are numerous. They provide faster processing and lower fees than traditional blockchain transfers, making them perfect for participants seeking to secure tokens and avoid missing out on rewards. Hamster Kombat’s $HMSTR token is scheduled to be listed on major cryptocurrency exchanges, including Binance, Bybit, and OKX, on September 26, 2024, enabling participants to trade their tokens on these platforms.
Making an off-chain deposit on Bybit for the Hamster Kombat airdrop requires careful attention to detail but is a straightforward process. By following these steps and ensuring the correct network and details are used, participants can successfully secure their $HMSTR tokens and participate in the airdrop.
